Prediction markets soar ahead of the Super Bowl
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
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Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Americans are expected to spend a record-breaking $1.76 billion on this weekend's big game, according to the American Gaming Association. Hua Gong, assistant professor of sport analytics at Rice University, joins "The Daily Report" to discuss a study he co-authored that found a link between sports betting and violent crime.
Former New Jersey Gov. Chris Christie was once one of legalized sports gambling's greatest advocates, but ahead of Sunday's Super Bowl, he's concerned it's going too far. Christie joins "The Takeout" to discuss.
Lawmakers are warning Americans to beware the many financial scams linked to Super Bowl LX, from fake betting sites to counterfeit tickets.
Federal prosecutors have charged 26 people, including many college basketball players, in an illegal gambling probe. Danny Funt, author of "Everybody Loses: The Tumultuous Rise of Sports Gambling," joins to unpack the alleged scheme.
NBA player and coach among 30+ arrested in investigations into gambling, sports rigging; High early voting turnout in 2025 elections.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Prediction markets, like Kalshi, which allow people to place wagers on everything from elections and sports to the anticipated bridesmaids at Taylor Swift's wedding, are booming. But this burgeoning business model is coming under scrutiny.
The people behind the prediction market Kalshi, where people can place wagers on everything from elections and sports contests to the anticipated bridesmaids at Taylor Swift's wedding, say its users trade a billion dollars every week. But as prediction markets are expanding, this burgeoning business model is coming under the scrutiny of some state regulators and attorneys general. Jo Ling Kent reports.
A New Jersey-based illegal sports betting ring allegedly headed up by a mafia member has been broken up, officials said Thursday.
Two Major League Baseball players have been charged with sharing inside information with gamblers, according to a federal indictment unsealed on Sunday. CBS News' Lindsey Reiser looks at how prolific sports betting has become since its legalization in 2018.
Federal agents said they arrested Luis Leandro Ortiz Ribera in Boston Sunday and also revealed the indictment against Emmanuel Clase de la Cruz.
Former NBA player and coach Damon Jones entered not guilty pleas Thursday in a pair of cases alleging his involvement in illegal gambling rings.
Former NBA player and assistant coach Damon Jones pleaded not guilty to fraud and money laundering charges on Thursday. CBS News national correspondent Meg Oliver has the details.
Former NBA player Damon Jones is set to be arraigned Thursday in connection with two federal criminal cases into illegal betting. CBS News' Meg Oliver has the latest.
Major League Baseball says it's weighing a ban on all prop betting, which is a wager on an individual player or event that isn't necessarily tied to the outcome. CBS News justice correspondent Scott MacFarlane has more.
The NBA is now playing under a cloud of suspicion after arrests in sports rigging and illegal gambling probes. Chris Mannix, senior writer at Sports Illustrated, joins to discuss what he's learned from his NBA sources. Then, Ethan Shackelford, a principal security consultant at IOActive, who has conducted extensive research into rigging casino card-shuffling machines, joins us to share his findings.
An NBA Hall of Famer, a current star and former player are among dozens arrested in an FBI crackdown on illegal gambling that includes alleged members of organized crime families.
The Miami Heat guard was arrested in Orlando in a federal sports betting case that prosecutors say involved using confidential NBA information to place illegal wagers.
Among those taken into custody in the betting investigation today are Portland Trail Blazers coach Chauncey Billups, Terry Rozier of the Miami Heat and former NBA player Damon Jones.
Dozens of people, including Portland Trail Blazers coach Chauncey Billups and Miami Heat player Terry Rozier, have been arrested and charged in connection with two federal probes into an alleged widespread sports betting scheme and an organized crime ring. Prosecutors accuse Rozier of working with a betting ring to influence prop bets. CBS News reporter Elaine Quijano breaks down what prop bets are.
Dozens of people, including former and current NBA players and a coach, have been charged in connection with two investigations into an alleged widespread sports betting scheme and organized crime ring, the FBI and federal prosecutors announced. Elaine Quijano reports.
Federal prosecutors have accused current and former NBA players and coaches of taking part in two stunning gambling schemes. The first indictments accuse players of using insider information for illegal sports betting and the second claims coaches held rigged poker games with ties to the mafia. Two-time NBA champion and former U.S. Senator Bill Bradley joins "The Daily Report" to discuss.
Portland Trail Blazers coach Chauncey Billups and Miami Heat player Terry Rozier are among the dozens who have been charged in connection to two investigations into an illegal sports betting scheme and an organized crime ring, the FBI said Thursday. CBS News justice correspondent Scott MacFarlane breaks down the details. Then, Chris Mannix, senior writer at Sports Illustrated, joins with analysis.
Sports betting is surging in popularity, especially among younger men — with some now facing debt and addiction, 60 Minutes reported last year. A massive gambling scandal involving some top names in the NBA exploded into view Thursday morning.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Trump says he'll end the war soon, when he wants to, as Iran hits 3 ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
The discovery caused officials to evacuate 18,000 people on Wednesday, the largest such operation ever in the city, emergency services said.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
President Trump says he'll end the war soon, when he wants to, as Iran hits three ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Pop culture icon Flava Flav stopped by "CBS Mornings" to discuss his plans to celebrate women Olympic and Paralympic medalists from the 2026 Winter Games.
Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.
Watch scenes from the performances nominated for best actor at the 98th annual Academy Awards, as well as interviews with the nominees.
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The war with Iran continues to impact energy prices globally with Americans seeing another rise on prices at the pump. Patrick De Haan, head of petroleum analysis for Gas Buddy, joins CBS News to discuss.
The new Consumer Price Index released Wednesday shows inflation ticked up in February, but was in line with what experts expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Hawaii's Kilauea volcano erupted for the 43rd time since December 2024, sending glassy volcanic fragments, ash and lava into the air. Videos from the U.S. Geological Survey captured the powerful eruption.
President Trump stopped to speak with reporters on Wednesday as he headed to Kentucky, where he touted the U.S. military's operation against Iran, claiming that most of Tehran's navy is "gone."